Increase in BYOD adoption to fuel growth in global workspace aggregator market through 2020

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Workspace aggregator: Key market research findings

  • Growing importance of security and productivity
  • Rising need to modernize workspaces
  • Leading vendors include Citrix Systems, Good Technology, MobileIron, VMware, SAP, Apperian, Microsoft, Centrix, ASG software, SOTI, and Symantec

Technavio has released a new report on the global workspace aggregator market, which is anticipated to grow at a CAGR of around 12% between 2016 and 2020. The increase in the number of mobile devices, increased internet use on mobile devices, growing popularity of bring your own device (BYOD), and enterprise mobility are the major factors that contribute to the growth of the market. Workspace aggregators help companies to implement BYOD policies by handling all applications and files centrally in a secure way. The Americas is the largest region in the market and accounted for more than 43% of the overall market share by 2020. Much of the region’s growth comes from the quick adoption of advanced information technologies such as enterprise mobility, identity access management, virtualization, collaboration, and cloud-based services by businesses and government organizations.

The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.

“Of late, the employees demand flexible and dynamic workspaces that offer the liberty to work from any location at any time with any device. This has propelled organizations to modernize the workplaces to increase productivity. They are replacing traditional desktop and cabin models with modern workspaces that provide flexibility. Workspace aggregators help modernize the IT virtual infrastructure so that the user can have a seamless experience with technology,” says Amrita Choudhury, Lead Analyst, ICT, Technavio Research

By 200, the mobile device management (MDM) segment is anticipated to be the largest revenue contributing segment in the market and is likely to occupy around 51% of the total market revenue. MDM improves the functionality and safety of mobile devices used within an enterprise, besides protecting the corporate network. The MDM software permits the delivery of applications, data and configuration settings, and security for such devices. It also includes application management, file management and sharing, data security tools, and support for either a corporate-owned or personally-owned device. The growing preference for the BYOD policy and enterprise mobility among enterprises will result in the significant popularity of MDM in the coming years.

The market is fragmented with the presence of many multinational vendors. The established workspace aggregator vendors are acquiring smaller vendors to expand their product portfolio and increase market shares. Competition in the market is expected to intensify as the vendors are focusing on improving their delivery models with latest technologies. Several pure-play players are also predicted to enter this market during the forecast period.

A more detailed analysis is available in the Technavio report, Global Workspace Aggregator Market 2016-2020.

We can customize reports by other regions and specific segments upon request.

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